Human Capital Accumulation and Labor Market Equilibrium
| Author | : Kenneth Burdett |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2011 |
| ISBN-10 | : OCLC:1376339718 |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Book Synopsis Human Capital Accumulation and Labor Market Equilibrium by : Kenneth Burdett
Download or read book Human Capital Accumulation and Labor Market Equilibrium written by Kenneth Burdett and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze an equilibrium labor market with on-the-job search and experience effects (as workers learn by doing). The analysis yields a Mincer wage equation with worker fixed effects and endogenously determined firm fixed effects. Equilibrium sorting - where over time more experienced workers also tend to move to better paid employment - has a significant impact on wage inequality.
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